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Aluminum Prices Fluctuate Relatively Small; Secondary Aluminum Prices Lack Change [ADC12 Price Daily Review]

  • Dec 26, 2024, at 2:31 pm
[ADC12 Price Daily Review] Today, aluminum prices fluctuated rangebound, with SMM A00 aluminum ingot prices dropping by 10 yuan/mt from yesterday to 19,820 yuan/mt, while secondary aluminum prices remained stable.

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【Aluminum Prices Fluctuate Rangebound, Secondary Aluminum Prices Lack Momentum for Change】Today, aluminum prices fluctuated within a narrow range, with SMM A00 aluminum prices down by 10 yuan/mt from yesterday to 19,820 yuan/mt, while secondary aluminum prices remained stable. Domestically, large secondary aluminum enterprises maintained their quotes at 20,500-20,800 yuan/mt, while medium and small plants kept their quotes steady at 20,200-20,400 yuan/mt. On the import side, overseas prices for imported ADC12 ranged between $2,430-2,460/mt. Due to the relative stability of domestic and overseas prices as well as recent exchange rates, the real-time loss per ton for imported ADC12 remained within 400 yuan. Aluminum prices showed no significant fluctuations today, and secondary aluminum market quotes continued to remain stable. Currently, secondary aluminum plants face high costs, with some enterprises reducing their operating rates due to raw material shortages or environmental protection-related controls. Finished product inventories at secondary aluminum plants and inventories held by traders have both declined. In the short term, secondary aluminum alloy prices are expected to be more likely to rise than fall.

Note: Import profit refers to real-time profit

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